Britney Spears has reportedly sold the rights to her complete music catalog to Primary Wave, an American music publishing company, as reported by TMZ on October 10. The exact value of this sale remains undisclosed, but sources close to the situation suggest that it represents a 'historic deal' in the music industry. This move comes on the heels of similar sales by other prominent artists, notably Justin Bieber, whose catalog was sold for approximately $200 million earlier this year.

Spears, known for her iconic hits such as 'Toxic' and 'Oops!... I Did It Again', has expressed happiness about this decision and is reportedly celebrating with her children. The deal may signify a pivotal moment for Spears as she exercises more control over her career and finances after years of legal battles concerning her conservatorship, which limited her decision-making abilities.

Primary Wave has a history of acquiring music catalogs of renowned artists such as Notorious B.I.G. and Fleetwood Mac. This integration into their roster highlights Spears' enduring legacy in the music industry and could open new avenues for her work being utilized in various media, further emphasizing the shift in how music rights are being traded and valued in the evolving landscape of the entertainment industry.